1

Air Products Keeps Dividend Steady

Specialty gas manufacturer Air Products (NYSE: APD) announced today its third-quarter dividend of $0.71 per share, the same rate it's paid for the past two quarters after raising the payout 11% from $0.64 per share.

The board of directors said the quarterly dividend is payable on November 12 to holders of record at the close of business on October 1. The regular dividend payment equates to a $2.84-per-share annual dividend, yielding 2.6% based on the closing price today of Air Products' stock.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Report This Comment

Sending report...

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.